#Trump pardons Silk Road founder#

Rumors of a potential pardon for Ross William Ulbricht, the founder of Silk Road, have been circulating recently. This comes after Elon Musk posted a message on X, formerly known as Twitter, stating that Ulbricht would be receiving a presidential pardon. The news generated widespread attention, with bettors on Polymarket increasing the odds of Ulbricht receiving a pardon to 99%.It is reported that Trump first promised to pardon Ulbricht during his campaign at the Libertarian National Convention in May last year. He said he would commute Ulbricht’s sentence to time served on his first day in office if elected. Ulbricht is currently serving a life sentence without parole for his role in operating the Silk Road marketplace. His supporters argue that his sentence is too long for his crimes.Although Trump did not mention Bitcoin or cryptocurrencies in his inaugural address, Polymarket bettors believe that Ulbricht’s pardon is imminent. Currently, Trump’s team has not released an official statement on the matter, but this incident will undoubtedly continue to raise concerns about cryptocurrencies and the dark web.